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2 mins read
Indian aviation sector now down to just a single full-service carrier, ahead of Vistara's merger with Air India
India's aviation sector is about to undergo a major change. Vistara is merging with Air India. This…
5 mins read
Go First Impact: Market capitalisation of 3 PSU Banks down by ₹7,500 crore as investors fret over their exposure to ailing airline
Low-cost airline Go First’s insolvency proceedings have plunged shares of Central Bank of India, Ba…
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IndiGo stock to soar on a cosy duopoly and an expanding market, say brokerages
IndiGo belongs to a rare club of stocks that has slowly yet steadily risen even in a market where i…
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Pie In The Sky: Indigo set to be biggest beneficiary of duopoly in the sector
The stars are aligning for India’s largest airline Interglobe Aviation. The airline is expected to …
5 mins read
IndiGo reports a net profit of ₹919 crore in Q4, revenue soars 76% YoY
IndiGo operator InterGlobe Aviation reported a net profit of ₹919 crore in Q4. This is the second c…
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The skies are clearer for IndiGo stock to surge further as Go First’s troubles mount
India’s largest airline InterGlobe Aviation (IndiGo) has a lot to cheer if its peer Go First fails …
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IndiGo shares fall over 4% as co-founder Rakesh Gangwal offloads ₹2,000 cr worth stake
Rakesh Gangwal’s stake sale comes six months after the co-founder resigned from the airline’s board…
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Paytm shares surge 5% on sustained Q4 growth, brokerages see up to 59% upside
Paytm operator One97 Communications’ shares surged by over 5% on Monday after the company reported …
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Maruti Suzuki, Biocon, Asian Paints, Indigo among 10 worst stocks that made investors poorer this week
Markets have been tumbling since the last two weeks because of negative global cues led by a deadly…
2 mins read
Indigo, SpiceJet stocks takeoff as regular international flights to resume after two years
Scheduled international flight services were suspended in March 2020 due to the pandemic. Howeve…
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Paint makers stress over high raw material costs and fewer tinting machines even as festive demand picks up
More than the excitement for anticipated demand during Diwali, an Indian festival, paint manufactur…
4 mins read
SpiceJet hiked its ticket prices; Indigo and others might follow suit
The share price of the Indian aviation companies like Indigo, Jet Airways and others dropped on Thu…
1 min read
Indigo stock gains as a plea to shut down SpiceJet has been admitted
Further, the court has asked the official liquidator (Credit Suisse) to take over the assets of …
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Indigo reports highest-ever quarterly revenue of ₹130 billion
"Headwinds caused by depreciating rupee and higher fuel prices led to a net loss of Rs 10,643 mi…